PANews reported on January 29th that Doppler, a token creation and issuance protocol platform, has completed a $9 million seed funding round. The round was led by Pantera Capital, with participation from Variant, Figment Capital, and Coinbase Ventures. The team revealed that the funding will be completed in the second quarter of 2025 through a simple future equity agreement with token rights.

Doppler is one of two products under Whetstone Research, the other being Pure Markets. Doppler streamlines the processes of token deployment, liquidity launch, and governance through an integrated interface, and employs a price discovery auction mechanism designed to limit sniping and generate protocol-owned liquidity on the first day. The Doppler platform creates over 40,000 assets daily, with a cumulative value exceeding $1.5 billion and a cumulative trading volume exceeding $1 billion.